Allison Island is becoming the go-to spot off the coast of Miami for 1 percenters who are getting priced out of ultra-exclusive Indian Creek island — famously home to Jeff Bezos and Lauren Sánchez.
A spec house on Allison Island just sold for $31.5 million, marking the biggest property sale there. The sellers were developers Fred Karlton and his son Aaron, as first reported by the Real Deal. The buyer is financier Paul Casey and his wife, Viktorija, according to documents obtained by Gimme Shelter.
The listing broker was Jordan Karp of Jordan Karp, LLC. Dora Puig of Luxe Living Realty repped the buyer. Both declined to comment.
The gated community is home to less than 50 dwellings and they are all on the water.
The center of the island is landscaped.
Past and present residents on Allison Island include LVMH veteran Michael Burke, who was CEO of the conglomerate’s fashion group for four months last year, as well as Shakira and Sylvester Stallone.
The spec manse, at 6494 Allison Road, is 8,024 square feet and sits on 0.4 acres.
It features six bedrooms and 8½ bathrooms.
Details include a chef’s kitchen, a gym with a sauna and steam rooms, a rooftop terrace, a pool, an outdoor kitchen and a two-car garage with lifts. There’s also a private dock and a boat lift.
Allison Island was developed in 1912 by Carl Fisher, the developer, in honor of his business partner, Jim Allison.